2364 Cheshire Road Unit A and B, Parkway Park - Queensway Terrace S and Area, ON K2C 1G3
Parkway Park - Queensway Terrace S and Area, ON, K2C 1G3 · 6304 - Parkway Park
About this property
Excellent investment opportunity with a LEGAL Secondary Dwelling Unit (SDU) in the highly desirable Parkway Park neighbourhood! Whether you're an investor looking to maximize cash flow, a homeowner hoping to offset your mortgage, or a family seeking multi-generational living, this move-in ready 2 legal units property offers exceptional flexibility and income potential. Both units are vacant, allowing the new owner to select their own tenants and set current market rents from day one. With separate hydro meters, managing expenses is simple and efficient. The bright main level features an inviting open-concept layout with large windows, a beautifully updated kitchen complete with quartz countertops, modern cabinetry, stainless steel appliances, and generous workspace. Three spacious bedrooms and an updated full bathroom complete this level. The fully finished LEGAL lower-level apartment offers its own private entrance, large windows, an open-concept kitchen and living area, three generous bedrooms, a full bathroom, and excellent storage, creating a comfortable and desirable rental unit or ideal space for extended family. Situated on a generous 50 x 126 ft lot, this well-maintained property has benefited from numerous updates over the years. Location is everything. Just minutes from Algonquin College, Queensway Carleton Hospital, Highway 417, Iris Street, the future Iris LRT Station, shopping, parks, schools, public transit, and only a short commute to Downtown Ottawa, Kanata and Barrhaven, this property is perfectly positioned to attract quality tenants and enjoy long-term appreciation. A rare opportunity to own a well-maintained, income-generating property in one of Ottawa's most convenient central locations. Be sure to view the floor plans, video and extensive photo gallery.
Features & Amenities
- Basement: Apartment, Finished, Full, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | Bungalow |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Basement | Apartment, Finished, Full, Separate Entrance |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,688 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Meter, In-Law Suite, Carpet Free
- Fireplace Features
- Wood
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Finished, Full, Separate Entrance
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Parking Features
- Private, Tandem
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 126.35
- Lot Width
- 50.48
Community & Neighborhood
- Property Features
- Hospital, Park, Public Transit, Rec./Commun.Centre, School, School Bus Route
Financial & Tax
- Tax Annual Amount
- $4,688
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 7
- Rooms Below Grade
- 6
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- South
- County Or Parish
- Ottawa
- Cross Street
- Parkway Dr and Cheshire Rd
- Directions
- West on Iris, South on Parkway Dr, then West onto Cheshire. House will be on your Left
- Special Designation
- Unknown
- Showing Requirements
- Go Direct, Showing System
Location
2364 Cheshire Road Unit A and B, Parkway Park - Queensway Terrace S and Area, ON K2C 1G3, Parkway Park - Queensway Terrace S and Area, ON, K2C 1G3